What is the primary distinction between inventions and innovations?*1 pointInventions involve the creation of new ideas, while innovations focus on improving existing onesInventions are the creation of new products, services, or processes, while innovations involve their successful commercialization and adoptionInventions are always disruptive, while innovations can be incremental or radicalInventions require significant investment, while innovations are low-risk endeavors

Innovation is*1 pointThe successful introduction of a new thing or method.It is the embodiment, combination of methodssynthesis of knowledge in original, relevant, valued new products, processes, or servicesAll of the above

Which of the following statements is true of the different types of innovations?Group of answer choicesProcess innovations are more visible than product innovations.An innovation that was once considered radical may eventually be considered incremental as the knowledge base underlying the innovation becomes more common.An innovation is considered a component innovation if it significantly affects the overall configuration of the system of which it is a component.An architectural innovation is also called a modular innovation.

What is innovation? OPTIONS The process of creating new products, services, or processes The process of improving existing products, services, or processes Both A and B None of the above ####

The major difference between invention and discovery is:Question 25Select one:a.invention is based on technology, whereas discovery is usually based on cultureb.discovery involves finding something that already exists, but invention puts things together in a new wayc.invention refers to material culture, whereas discovery can be material or theoretic, like laws of physicsd.invention is typically used to refer to international objects, whereas discovery refers to that which is local to one's culture

of innovation is the process by which the use of an innovation, whether a product or a service, spreads throughout a market group over time and over various categories of adopters. (Enter one word in each blank.)